Technological leadership and persistence in product innovation in the Local Area Network industry 1990–1999
Research Policy(2016)
摘要
•We study how technological leadership affects persistence in product innovation in a high-tech industry.•We measure technological leadership in terms of a firm’s distance from the technological frontier.•We find that after controlling for size, R&D intensity, age, intangible assets, and market structure, technological leaders are more persistent innovators than laggards.•We also find that leaders in one market can also systematically innovate in a related and adjacent market.
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关键词
Product innovation,Persistence,Technological leadership
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